China is suffering a serious food shortage due to the Asian Swine Flu epidemic that has destroyed 90% of their pigs. As a result they were not going to be buying much of the soybean harvest anyway since much of it is imported as soybean meal and fed to hogs. What they really need is pork and without their own hogs the middle class Chinese are going to have to pay the tariffs or go without. There isn’t anywhere near enough pork production outside the US to meet their demand which will drive prices even higher. Their food inflation is already above 9% and this will add to their pain.
Expect a full court press by the financial media to talk up the inevitability of a recession. They don’t have to convince the average American just the top CEOs that watch their networks to get them to pull back on capital expenditures and hiring. Once the job growth monthly statistics trend reverses the MSM will beat the drum for recession and panic people to vote against Trump.
They’ll just steal and kill more dogs.